Dick’s Sporting Goods Inc (DKS)
Number of days of payables
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 9.24 | 7.16 | 8.74 | 9.25 | 9.20 | 7.18 | 6.90 | 6.86 | 8.07 | 7.36 | 8.35 | 7.95 | 7.03 | 6.13 | 7.59 | 9.57 | 8.40 | 7.49 | 8.94 | 8.61 | |
| Number of days of payables | days | 39.50 | 50.95 | 41.75 | 39.46 | 39.66 | 50.83 | 52.91 | 53.22 | 45.23 | 49.60 | 43.69 | 45.94 | 51.91 | 59.54 | 48.11 | 38.15 | 43.48 | 48.72 | 40.81 | 42.42 |
February 3, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 9.24
= 39.50
The number of days of payables for Dick’s Sporting Goods Inc has fluctuated over the past several reporting periods. The company's ability to pay its suppliers or vendors within a certain timeframe can be analyzed using this metric.
Based on the data provided, Dick’s Sporting Goods Inc had an average number of days of payables of approximately 46.54 days. The number of days of payables ranged from a low of 38.15 days to a high of 59.54 days during the periods analyzed. This indicates that the company takes an average of 46.54 days to pay its suppliers, with some variability in payment timing over time.
Analyzing the trend in the number of days of payables over these reporting periods can provide insights into the company's working capital management, cash flow situation, and supplier relationships. Further analysis and comparison with industry peers or historical data can help determine whether the company's payment practices are in line with industry norms or if there are any potential concerns regarding liquidity or supplier management.
Peer comparison
Feb 3, 2024